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| state of-the-art, scholarships for women over 50 , indianfashion retail, animals, housewife videos , jobs for over 50 , moms fucking their kids , tommy, bad boy, marriage, senior events, makeup, hook, music reviews, adobe, cinemas, amateur housewife , libros, posable, ice hockey, discounts, curious lab, business to business services, mature milf , | With evolving fashion and changing face isntapundit of Indian retail, our consumers are in for a rapid transformation. The good news is that consumer spending has been on the rise. Most organised retail businesses have not only reported increase on their sales but have also witnessed increasing profits quarter after quarter in last two years. A welcome spurt in domestic tourism is expected to further isntapundit boost sales of malls and department stores, which have become a sort of destination points for consumers. With the onslaught of malls, traditional shopping centres are innovating new isntapundit ways to push sales. Shopping festivals in association with brands and services by those who want to connect with consumers have reaped rich dividends. While in the department stores the share of the fashion wares will be over 95 per cent, in hypermarkets like Big Bazaar the share could be as high as 70 per cent. |
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| The next most organised segment is that of footwear (25 per cent) followed by clothing (13.6 per cent). Titan Industries deserves the credit for discounts having revolutionised and galvanised timewear retailing while in the case of footwear this credit goes to Bata and, of late, Liberty as well. If we look at the growth areas, then the top 15 cities cater to 33 per cent of total urban population, but as high as discounts 38 per cent of Sec A and B (the top two socio-economic consumer strata) urban population. The next 15 cities only add to another discounts 7 per cent of Sec A and B population. So, the focus will be restricted only to the top 15 cities. About 96 per cent of total organised retail is in the top 10 cities, of which the top six cater to 82 per cent. However, the rate of growth will be higher in the bottom four of the top 10, which will have a 20 per cent share by 2005 against the present share of 15 per cent. Let’s get straight to the point. You have read in earlier issues how by 2006-07, over 50 million sq ft of quality retail space will be up for grabs, 50 per cent of which will be for fashion lifestyle retailing. |
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